SocGen Offering Draws Demand

PARIS -- Demand for new shares issued by Soci&eacute;t&eacute; G&eacute;n&eacute;rale SA has amounted to almost twice the &euro;5.5 billion ($8.4 billion) it had sought, the French bank said Tuesday.

The capital increase, which comes in the wake of a trading scandal that cost the bank almost &euro;5 billion, should help to restore Soci&eacute;t&eacute; G&eacute;n&eacute;rale's finances. It could...